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PRESIDENT NAMES CRITIC OF TCPA CHANGES TO BE CHAIRMAN OF FCC
- Ladies and gentlemen, start your dialers? Is that statement on the horizon for the collections industry, after it was announced yesterday that President Trump had named Ajit Pai to be the next chairman of the Federal Communications Commission? Pai, a Republican, was very critical of the FCC’s move in 2015 to amend the Telephone Consumer Protection Act. Already, one trade group has reached out and sent a letter to Pai, seeking to “fix the injustices” caused by the changes that were made to the TCPA.
CHANGES TO AFFORDABLE CARE ACT WILL PUT MORE INDIVIDUALS IN DEBT
- Using a recent CFPB study about the impact of medical debt collections on consumers as the foundation, one report looks at how any changes to the Affordable Care Act could impact individuals, especially those who will not be able to afford medical insurance. It is likely that the number of individuals with medical debts will increase significantly if any changes to the ACA are made, experts predict.
FORMER VIRGINIA AG CALLS FOR END OF CFPB
- Reforming the Consumer Financial Protection Bureau is not enough, claims a former attorney general of Virginia in a scathing column published by the American Banker. The agency needs to be abolished because it is “out of control” and “drunk on power.” But if the CFPB is going down, it’s going down swinging.
WORTH NOTING: Six items that should never be on your to-do list … The benefits and importance of referrals … For the first time ever, a president’s initial job approval rating was below 50% … Police in Boston found $20 million hidden under a mattress … The CFPB fined the mortgage units of Citi $29 million for taking advantage of homeowners trying to save their homes … Maybe the Clintons aren’t done with politics after all … The best jobs are in technology … What it will cost you to attend Super Bowl LI … A study claims that jet lag hurts the performance of baseball players.
Mark Hamill reacts to the name of the new “Star Wars” movie
The real reason why Kellyanne Conway signed on with Donald Trump
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
